UBS(US:UBS) Zheng Quan Shi Bao Wang·2026-01-15 07:37Group 1 - UBS Group hosted the 26th Greater China Conference in Shanghai, attracting over 3,600 participants, including more than 2,300 global institutional investors, sovereign wealth funds, family offices, and private investors [1] - UBS CEO Sergio Ermotti highlighted the increasing number of overseas clients, indicating the growing importance of the Asia-Pacific region and renewed global interest in China [1] - By the third quarter of 2025, foreign capital allocation in Chinese stocks is expected to improve, with the underweight narrowing from -2.5% in Q3 2024 to -1.3%, a year-on-year reduction of 48% [1] Group 2 - UBS China President Hu Zhizhe noted a 32% year-on-year increase in international investors from the US, Europe, the Middle East, and Africa, reflecting a strong desire for comprehensive participation in the Chinese market [2] - Ermotti emphasized that the Asia-Pacific region is poised to capture new opportunities from AI advancements, with significant progress expected in China's technology sector by 2025 [2] - UBS anticipates that its assets under management (AUM) in the Asia-Pacific will exceed $1 trillion for the first time by 2025, with record financial performance in China [2] Group 3 - UBS China Equity Strategy Head Wang Zonghao stated that the stock market remains fair in 2025, driven by the performance of innovative sectors, which can alleviate macroeconomic pressures [3] - Wang pointed out that policy support is a significant driver for the stock market, with ongoing liquidity release from the central bank and support for the A-share market [3] - UBS analysts noted a substantial inflow of funds into A-shares without signs of overheating, with overall market sentiment currently above average [3]